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Dec 13, 2012
12/12
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republicans have a lot of spending options. there is nothing president obama can do to stop that. not such a bad solution at this point. look, this is a business. look at what this has done in the last four years. they have tightened their belts. they have cuts all extraneous senators. the corporations are amazingly efficient and productive right now. guess what institution hasn't done that? government agencies. people say across-the-board cuts is the way to do it. it's not too bad. they get an eight to 10% reduction. next year you talk about the big entitlements they were talking to brad about. tracy: i don't think that's such a bad idea. before we move on. before we talk about what ben bernanke did yesterday, i want to ask you, do you think even if we go over the cliff, we fall into the recession? or will we be okay? >> the spending cuts, i just want to make it crystal clear. cutting government spending is good for the market and it's good for the economy. all of this nonsense about we can't take spending cuts, that is the same logic that led to the idea of the $800 billion stim
republicans have a lot of spending options. there is nothing president obama can do to stop that. not such a bad solution at this point. look, this is a business. look at what this has done in the last four years. they have tightened their belts. they have cuts all extraneous senators. the corporations are amazingly efficient and productive right now. guess what institution hasn't done that? government agencies. people say across-the-board cuts is the way to do it. it's not too bad. they get an...
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from obama's perspective leting a deal not hpen and falling over the cliff, all the polls show republicans will get blamed for that. why would he want to avoid that? melissa: jonathan, are there obvious inflationary problems on this? someone followi us on twitter says you will need it to buy a loaf of bread soon. what do you think? >> this is one ounce platinum coin. you can put any value that i want but has real value of $1600 a ounce. if they think this plan works you have to be in the chain gang or belief in the tooth fairy. it is delusional on its face. reality exists. it can't be conned. ashe panel points out this is explicit inflationary you would ne 1.2 billion actual platinum coins to make 2 trillion dollars in wealth. can't happen. melissa: we did a little math. if you were trying to do it the real way you would need 78 million pounds of raw platinum in order to get this done. what else weighs 78 million pounds? let's take a look. 7800 african elephants or 15,600 for f-150 picps. we could have 312 million quarter-pounders with cheese. they would also add up to about the same weigh
from obama's perspective leting a deal not hpen and falling over the cliff, all the polls show republicans will get blamed for that. why would he want to avoid that? melissa: jonathan, are there obvious inflationary problems on this? someone followi us on twitter says you will need it to buy a loaf of bread soon. what do you think? >> this is one ounce platinum coin. you can put any value that i want but has real value of $1600 a ounce. if they think this plan works you have to be in the...
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gerri: did president obama break the law? a federal appeals court is deciding if the president's appointments to the national labor relations board when the senate was on recess was unlawful. why? well, because senate senate republicans say the senate was in session. the chris was brought on by a bottling company after the nlrb ruled that the company must enter into a collective bargaining agreement with the labor union. the company is arguing the decision can't be made because the recess appointments are invalid. here is weigh inlis wiehl, fox news analyst and randy zelen. look at the end of the day this wholehing is argument was the senate in session or was it no >> were they in kindergarten or on recess. the president may have skirted the law a little bit, like a little bitf sidelining it but did he cross over the line? no. does this happen all the time? yes. yes it does. melissa: randy, what do you say. >> skirted the law like i'm wearing a skirt. he obliterated law. exactly. let's take a sep back look at what this whole
gerri: did president obama break the law? a federal appeals court is deciding if the president's appointments to the national labor relations board when the senate was on recess was unlawful. why? well, because senate senate republicans say the senate was in session. the chris was brought on by a bottling company after the nlrb ruled that the company must enter into a collective bargaining agreement with the labor union. the company is arguing the decision can't be made because the recess...
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Dec 6, 2012
12/12
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CNBC
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does president obama have the whip hand in all these negotiations, and are the republicans about to be blamed big-time for falling off their own fiscal cliff? joining me now is ace pollster scott rasmussen. i just did a little tv gig with scott, who's in about 60 cities across the country. all right, scott. you heard timothy geithner. he said if they don't raise taxes on the rich, they were going to go over the fiscal cliff. but at the end of the day, if we do fall over the fiscal cliff, if taxes go december 31st, will the republican party be blamed? >> absolutely. right now, people aren't convinced that either the president or congressional republicans are serious about negotiating. but they're a lot more willing to believe that the president is negotiating in good faith. >> and let me ask you. is the republican party therefore becoming the party of the rich, defending the top tax brackets, and is obama becoming the party of the middle class? >> absolutely. and larry, the reason the republicans are in this fix right now is because they think these discussions and negotiations are abou
does president obama have the whip hand in all these negotiations, and are the republicans about to be blamed big-time for falling off their own fiscal cliff? joining me now is ace pollster scott rasmussen. i just did a little tv gig with scott, who's in about 60 cities across the country. all right, scott. you heard timothy geithner. he said if they don't raise taxes on the rich, they were going to go over the fiscal cliff. but at the end of the day, if we do fall over the fiscal cliff, if...
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Dec 7, 2012
12/12
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CNBC
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nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as you suggested, this is all a work in progress. the thing we cannot see that is not visible to the public or to the press is what's going on behind the scenes. staff discussions resumed yesterday. don't know how fruitful. i haven't gotten much of
nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for...
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Dec 11, 2012
12/12
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CURRENT
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more than president obama. and then come back with a law to do what you want to do and have a better chance of getting it passed. >> yeah. >> bill: in early january. >> do republicans come along in early january? they'll still have a house majority. they'll still have the ability to block what democrats want to do then you'll have the debt ceiling come into play and the administration is going to need an increase in that in order to keep the government functioning and to stop another credit rating downgrade. so i'm not sure that this magical idea that you come back in january with a couple of more senators and a couple more members of the house and you know, you can get the deal you want that includes you know, the tax rates you that want and the changes -- no changes to social programs and also, i think ultimately president obama does not want a recession in his second term. he doesn't want to preside over an economy that's doing poorly and it is going to stop other pieces of his agenda. i think he really want
more than president obama. and then come back with a law to do what you want to do and have a better chance of getting it passed. >> yeah. >> bill: in early january. >> do republicans come along in early january? they'll still have a house majority. they'll still have the ability to block what democrats want to do then you'll have the debt ceiling come into play and the administration is going to need an increase in that in order to keep the government functioning and to stop...
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Dec 7, 2012
12/12
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CNNW
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the obama administration says, agrees that law is unconstitutional. that law is now being defended by a lawyer hired by the republicans in the house of representatives. so that -- that is one case. the other case is the proposition 8 case in california. if you recall, california -- there was a referendum -- the california supreme court ruled that there had to be same sex marriage under the california constitution. gay people had the right to get married there for a brief period of time. then there was an initiative put on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as being a historical sort of review, clearly there were different laws passed at the st
the obama administration says, agrees that law is unconstitutional. that law is now being defended by a lawyer hired by the republicans in the house of representatives. so that -- that is one case. the other case is the proposition 8 case in california. if you recall, california -- there was a referendum -- the california supreme court ruled that there had to be same sex marriage under the california constitution. gay people had the right to get married there for a brief period of time. then...